In this episode of The Private Practice LAB, we’re throwing scarcity out the window and embracing an abundance mindset—because small thinking doesn’t grow big practices! Join me, Kayla Reilly, as I spill the tea on how shifting from "barely getting by" to "thriving and vibing" transformed my practice.

Welcome to episode 10 of The Private Practice LAB! Today, I’m diving into a huge fear for all of us growing group practices: What if I bring people on, train them, and they leave to become my competition? Yep, that one. But here’s the thing—you don’t have to let it hold you back.

In this episode, I’m breaking down:

• How building a unique brand and vibe for your practice makes it hard to copy (they can try, but it’s never gonna be you!).

• How to keep your team loyal with some leadership mojo and a culture they’ll actually want to stick around for. (Bonus points if you throw in a little competition for fun prizes).

• The lowdown on non-competes—and why I no longer lose sleep over them.

• And how shifting to an abundance mindset lets you build a thriving practice without stressing over competition.

Fear is just another obstacle we’re kicking to the curb. Listen in for my best tips and mindset shifts on growing your practice like a boss! And don’t forget to grab the Therapist Efficiency Guide: Reclaim Your Time in Private Practice to get even more out of each workweek.

Ever wondered how to protect your personal assets while optimizing your business finances? In today's episode, we unpack the often-overlooked decision of formalizing your business structure. Through personal experiences and expert insights, I illustrate why choosing the right structure—be it a sole proprietorship, LLC, PLLC, or PC—can be a game-changer for your entrepreneurial journey. By consulting a business coach or lawyer, you can make informed decisions that offer significant tax benefits and safeguard your future.

Discover the top 3 software tools every small business owner needs! In this episode, Kayla Reilly breaks down how Google Enterprise, Canva, and QuickBooks can streamline your business, boost productivity, and save you time. Learn how to simplify your operations and focus on growth with these must-have tools.

I learned these lessons the hard way. I hired a close friend as a contractor early in my business journey. We had a fantastic relationship both personally and professionally. However, when it came time to make critical business decisions, such as switching to W2 employees, our relationship couldn't adapt.